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Juan Bautista
Juan is 60 years old, married, and lives in Ita. Juan and his wife, Nymia, have two grown children who live in a neighborhood located near the center of town where Juan has a tailor shop. He manufactures clothes and bags for individuals and companies well known in the capital.
Juan has worked at his tailor shop for over 20 years, during which time he has provided for his family.
Juan will use this loan to buy fabric, thread and buttons, to meet the high demand there is for clothing for the holidays.
This purchase will result in greater sales and therefore higher profits.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

About Paraguay

  • $4,555
    Average annual income
  • 63
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,820.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Juan Bautista to buy fabric, thread, buttons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2009
Listed
Nov 21, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010